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Grau y Monfalcon’s Informatory Memorial of 1637
Number 20. The foreign and general commerce of the islands makes them more valuable

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The above is not the sole motive of the Dutch for desiring to gain control of the Filipinas, but they recognize that they are, by their location, the most suitable of all the islands in the Orient for carrying on the general commerce of these kingdoms and nations. Already we have discussed the domestic and private commerce that is now conducted, which is scanty and limited; and we have stated that what most enriches the islands, and makes them most valuable, is the foreign trade. For it is rich and of great volume, and furnishes so great profits to the European merchants that, for the sake of these, in spite of the expenses, risks, and dangers of so long a voyage, the Portuguese go to seek it by way of India, the Castilians by Nueva España; the Turks by way of Persia, the Venetians by way of Egipto; and the Dutch, now by the Eastern route, entering India, or by the Western, crossing the immense open stretch of the South Sea, or even by way of the north and Nueva Zembla.

The Philippine Islands, 1493-1898. Volume 27 of 55

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